ADB can allocate 1 bln USD for "Shah Deniz" project

Baku. 15 November. REPORT.AZ/ Asian Development Bank (ADB) plans to allocate 1 billion USD for "Shah Deniz" project.

Report informs, Vice-President of ADB Wencai Zhang told reporters.

According to him, decision on financing of the project will be made by the Board of Directors of the Bank until the year-end.

"This is a huge project. We have some environmental expectations from the project", he said.